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Oct 2, 2012
10/12
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economy forecast growth next year is 2%, 2% minus 2% equals zero. you are pretty much at the recession stage. bo pelley: there are about 12.5 million americans who lost their jobs in the great recession. we have seen our economy in cecession or stumbling along since late 2007. and a lot of americans just want to know when does this end. >> well, i would say that there is good news lurking out there. and in particular the fact that he housing market is picking up is, in our view, a clear sign tiat the situation is improving. when you see that the financial institutions have been clearly strengthened, restructured and made a little bit safer and that ste housing market is picking up. that's not bad. >> pelley: not bad, but next week the i.m.f. is expected to theunce that it's lowering its forecast for world growth to 3% this year. two days before the first presidential debate a new poll irsthe "washington post" finds pe race still very tight nationwide with president obama leading mitt romney by two rints, 49% to 47%. but in two of the biggest swing t
economy forecast growth next year is 2%, 2% minus 2% equals zero. you are pretty much at the recession stage. bo pelley: there are about 12.5 million americans who lost their jobs in the great recession. we have seen our economy in cecession or stumbling along since late 2007. and a lot of americans just want to know when does this end. >> well, i would say that there is good news lurking out there. and in particular the fact that he housing market is picking up is, in our view, a clear...
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Sep 27, 2012
09/12
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KPIX
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of the economy. whose happening is mitt romney is having to play defense with his own voting group. the time he has to spend shoring them up is time he's not spending getting swing voters. >> pelley: john, polls that are taken about this point in september sometimes predict the winner and sometimes they don't. in 2008, we had obama over mccain at about this point, but in the year 2000, we had gore over bush about this point. how predictive are these polls six weeks out. >> reporter: if we go all the way back to 1952, eisenhower's first election, the vast majority of the time the candidates who was ahead of the polls ended up winning in the end. but mitt romney can hold on to, though, is that president's john kennedy, ronald reagan, and george w. bush are all tied or behind, scott, and they pulled it out in the end. >> pelley: john, thanks very much. >> pelley: as in politics, things can change pretty quickly in sports. the nfl and its referees seemed ready to dig in for a long fight over pay and pens
of the economy. whose happening is mitt romney is having to play defense with his own voting group. the time he has to spend shoring them up is time he's not spending getting swing voters. >> pelley: john, polls that are taken about this point in september sometimes predict the winner and sometimes they don't. in 2008, we had obama over mccain at about this point, but in the year 2000, we had gore over bush about this point. how predictive are these polls six weeks out. >> reporter:...
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Sep 30, 2012
09/12
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the economy needs manufacturing. machines, tools, people making stuff. companies have to invest in making things. infrastructure, construction, production. we need it now more than ever. chevron's putting more than $8 billion dollars back in the u.s. economy this year. in pipes, cement, steel, jobs, energy. we need to get the wheels turning. i'm p. making real things... for real. ...that make a real difference. ♪ >>> susanne grew up in a religious household. and i think at the core of susanne's being is an enduring belief that what matters in life is to give back. >> she describes herself as an artist and she's very much of that personality. but she had a calling from god to manage trash issues. and she's followed it with a passion. >> it all started actually that as a child, we were playing cowboys and indians, and i always wanted to be an indian and i wanted to have the indian genes, but i didn't even know central america exists because i was born in east germany behind the big wall. i was born the day the burning wall arose. and the wall was in betw
the economy needs manufacturing. machines, tools, people making stuff. companies have to invest in making things. infrastructure, construction, production. we need it now more than ever. chevron's putting more than $8 billion dollars back in the u.s. economy this year. in pipes, cement, steel, jobs, energy. we need to get the wheels turning. i'm p. making real things... for real. ...that make a real difference. ♪ >>> susanne grew up in a religious household. and i think at the core...
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Oct 1, 2012
10/12
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not only about washington, but what the economy feels like and looks like. the country is numbed and traumatized by recent economic events. oddly enough that core underlying hopelessness is benefiting the candidate who brought a campaign message of hope four years ago. >> many people think the president could not do that much about it to influence the economy? >> the president, the congress and they're not really sure any idea right now is the one or the set of one ideas to transform our economy from a low lying recovery to something that's better and more productive in a globalized very competitive economy. >> major garrett. he's brilliant, right? >> yes. >> thank you very much. >>> last night's "60 minutes" also showed us lesley stahl's revealing interview with arnold schwarzenegger. how he describes the way his wife, maria shriver confronted him about his affair with the family housekeeper and the child they had together. >> maria wants to have a meeting with your marriage counselor. tell us about that meeting. >> that particular visit that you talk about
not only about washington, but what the economy feels like and looks like. the country is numbed and traumatized by recent economic events. oddly enough that core underlying hopelessness is benefiting the candidate who brought a campaign message of hope four years ago. >> many people think the president could not do that much about it to influence the economy? >> the president, the congress and they're not really sure any idea right now is the one or the set of one ideas to...
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Sep 29, 2012
09/12
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CNN
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the economy is not doing well. what's going on? >> the consumer confidence is taken from the third quarter, right? that was the second quarter. in the second quarter we had the drought and that was something that suppressed economic technology and it is going to be overcome. the question is, are people feeling a little bit better now as we get closer to the election because the economy isn't -- >> you're saying it's an anomaly. >> it's a rear view mirror indicator and now people are looking forward. you look at the polls over and over again and majority of people say feels bad now, but i think it's going to get better next year and optimism is something that counts in the economy and you're starting to get a little optimism and one reason i thank you guys is because this was an emergency for four years and now bad things about the economy have become chronic, not emergency any more. people in a weird way are getting used to the fact they have to lower their expectations. i keep saying that it's been four years, exa
the economy is not doing well. what's going on? >> the consumer confidence is taken from the third quarter, right? that was the second quarter. in the second quarter we had the drought and that was something that suppressed economic technology and it is going to be overcome. the question is, are people feeling a little bit better now as we get closer to the election because the economy isn't -- >> you're saying it's an anomaly. >> it's a rear view mirror indicator and now...
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Oct 3, 2012
10/12
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than the rest by this softer economy. and so i would do what governor romney has been doing and that is continue to address the base issues. this is an election that has to look at how well we have done over the last four years. president obama was elected with this hope and this vision for change. and we have seen change actually for the worst. i think it is very fair to look at his record and say here is what he said four years ago and here is what he hasn't accomplished. so obviously a lot of tonight is going to be about president obama's record, just since four years ago president obama was looking back at the record of those he wanted to replace. >>ormer republican governor out here. thanks for coming on this. >>> the monthly private payrolls report is out today. markets are just opening. let's get to the market run down. becky quick is here on the other side of the camera. >> i like this. >> private payroll, adp. mid 100s. does it tell us anything? >> 162 is better than the street has been expecting. adp does payrol
than the rest by this softer economy. and so i would do what governor romney has been doing and that is continue to address the base issues. this is an election that has to look at how well we have done over the last four years. president obama was elected with this hope and this vision for change. and we have seen change actually for the worst. i think it is very fair to look at his record and say here is what he said four years ago and here is what he hasn't accomplished. so obviously a lot...
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it proves that the weak economy as her enthusiasm for having kids. those who are being hurt by the economy cannot afford to start a family. live at the new york stock exchange. >>still to come this midday: a new study about a popular supplement and whether or not it helps prevent colds. and later in lunchbreak we're learning about a new food trend, "new nordic cuisine" we're making norwegian salmon in aluminum foil. oh no, not a migraine now. try this... bayer? this isn't just a headache. trust me this is new bayer migraine. [ male announcer ] it's the power of aspirin plus more in a triple action formula to relieve your tough migraines. new bayer migraine formula. >>it's the nation's largest parochial school system. how is chicago's massive catholic school system faring in these tough economic times? the answer might surprise you. wgn's julian crews has been looking into that issue.. he's live in our newsroom. julian? >>to some extent chicago's massive catholic school system appears to have benefitted from the problems at cps. the superintendent of
it proves that the weak economy as her enthusiasm for having kids. those who are being hurt by the economy cannot afford to start a family. live at the new york stock exchange. >>still to come this midday: a new study about a popular supplement and whether or not it helps prevent colds. and later in lunchbreak we're learning about a new food trend, "new nordic cuisine" we're making norwegian salmon in aluminum foil. oh no, not a migraine now. try this... bayer? this isn't just a...
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Oct 1, 2012
10/12
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WUSA
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economy. we have seen head winds coming from slowing trade. >> reporter: if you combine imports and exports, the european union is our biggest trading partner. >> so we have a very strong interest in europe solving its problems. >> reporter: but the problem won't be solved quickly says ian brehmer who heads the eurasia group, a global research firm. what brings the europeans back to growth? no one started to address that issue. it's like saying what's going to bring the united states back to a healthy and manageable deficit. >> reporter: and the more imminent threat to the economy may be the so-called fiscal cliff. the ratings agency fitch has said uncertainty about u.s. fiscal policy is the single-biggest near-term threat to the global recovery. >> winston churchill once said that the americans always do the right thing but only after extinguishing every other possibility. that is precisely what the americans are doing here. >> reporter: bremmer believes washington won't go over that cliff, b
economy. we have seen head winds coming from slowing trade. >> reporter: if you combine imports and exports, the european union is our biggest trading partner. >> so we have a very strong interest in europe solving its problems. >> reporter: but the problem won't be solved quickly says ian brehmer who heads the eurasia group, a global research firm. what brings the europeans back to growth? no one started to address that issue. it's like saying what's going to bring the united...
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Sep 26, 2012
09/12
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and it is about the economy. but i would put a finer truth comb on that. i think it's about the future of middle class and going back t those nbers tha wusad in the quinnipiac poll, they asked people, who's -- obama and romney, who are they going to benefit, who are the policies going to benefit? you can see the 58% they have this reversed here. shou be 58% say ttit ro'solicies benefit the rich. and obama's are much more evenly split. and very few people think that romney's policies are going to benefit the middle class. so this is a problem for him. you see in that ad where he talks about my polies, ouedl class and the iotre poor. that is not what people on the ground believe and i think that's attributed to the president's ad campaigns on the ground. i think it also is underscored by the 47% comments. but the other thing that was interesting here is in ohio, the prenis lngt ey among women by 25 points. so, early on in the campaign all the talk we had about women's issues, the focus on women at the rnc and the dnc, that has clearly been a lasting problem
and it is about the economy. but i would put a finer truth comb on that. i think it's about the future of middle class and going back t those nbers tha wusad in the quinnipiac poll, they asked people, who's -- obama and romney, who are they going to benefit, who are the policies going to benefit? you can see the 58% they have this reversed here. shou be 58% say ttit ro'solicies benefit the rich. and obama's are much more evenly split. and very few people think that romney's policies are going...
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this face-off will focus heavily on domestic policy and the economy. he called hoover dam breathtaking. the race is close with president obama leading romney by 3%. we have to get jobs again in this country. ohio senator robb portman vice- presidentvice president joe biden goofed up talking about taxes on the middle class. >> the middle class has been buried for the last four years. >> buried, we agree that means we need to stop digging by electing romney the next president of the united states. the republican ticket quick to adopt ryan's slogan. a suburban cop is in and the royal treatment in england and other european countries today they say he helped him win the ryder cup. we are in the car and i let him know don't worry about it i will get you there on time. pat roland's was the man behind the wheel and today he is being held a hero in europe. profiled on the bbc even in european news anchors credited with giving mcelroy to the final cut on the final day. he was staying here at the hotel in lumbar with all of the other players from team europe and
this face-off will focus heavily on domestic policy and the economy. he called hoover dam breathtaking. the race is close with president obama leading romney by 3%. we have to get jobs again in this country. ohio senator robb portman vice- presidentvice president joe biden goofed up talking about taxes on the middle class. >> the middle class has been buried for the last four years. >> buried, we agree that means we need to stop digging by electing romney the next president of the...
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Sep 27, 2012
09/12
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. >> do you think he should be talking about foreign policy than about the economy and jobs? >> i think he should do both, particularly in light of the tragic death of ambassador stevens. >> good to have you here. >> thanks for having me on. >>> we want to turn to some of the headlines from the morning papers around the globe "the financial times" reports about the financial crisis in spain. spain announces budget cutbacks. on wednesday they will protest outside the spanish parliament for the second day in a row. political turmoil is causing spanish stocks to nosedive. >>> britain's "guardian" reports on massive new demonstrations in greece. protester his violent confrontations with police as they oppose new wage and pension cuts. this morning the greek finance minister said the government has agreed on an austerity budget for next year. >>> "usa today" finds income is growing much faster in republican-leaning red states. personal incomeome in those 23 states has risen 4.6% since the recession began five years ago. in democratic-leaning blue states income is only up 0.5%. >>>
. >> do you think he should be talking about foreign policy than about the economy and jobs? >> i think he should do both, particularly in light of the tragic death of ambassador stevens. >> good to have you here. >> thanks for having me on. >>> we want to turn to some of the headlines from the morning papers around the globe "the financial times" reports about the financial crisis in spain. spain announces budget cutbacks. on wednesday they will...
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Sep 27, 2012
09/12
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oil exports have been curbed, and the iranian economy has been hit hard. it's had an effect on the eco ecy, wust face the truth. sanctions have not stopped iran's nuclear program either. according to the international atomic energy agency, during the st year alone iran has doubled the mber oftresn its underground nuclear facility. at this late hour there's only one way to peacefully prevent iran from getting atomibombs. that'sy pla a clear, red line on iran's nuclear weapons program. [ applause ] re lin'tea to war. red lines prevent war. just look at nato's charter. it made ear that an attack on one membecountry would be considered an aack o all. nato red line heldo k the peace in europe for nearly half a century. president kennedy selt a red lineuring the cuban missile crisis. that red line also prevented war and helped preserve the peace for decas. in fact, it' tai t place red lines that's often invited aggression. if the western powers had drawn clear red lines during the 1930s, i believe they would have stopped nazi aggression and world waii might have
oil exports have been curbed, and the iranian economy has been hit hard. it's had an effect on the eco ecy, wust face the truth. sanctions have not stopped iran's nuclear program either. according to the international atomic energy agency, during the st year alone iran has doubled the mber oftresn its underground nuclear facility. at this late hour there's only one way to peacefully prevent iran from getting atomibombs. that'sy pla a clear, red line on iran's nuclear weapons program. [ applause...
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Oct 2, 2012
10/12
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it will focus on the economy and domestic issues. jan crawford is in denver this morning. >> reporter: both romney and the president have no more big campaign events before tomorrow night's debate. last night romney had a rally before more than 5,000 people. he picked up the endorsement of broncos legend john elway. there are less than 10% of voters who say they're undecided, they could change their mind. romney's challenge is to show why his proposals will make their life better and why the president doesn't deserve another chance. there was an interesting group last week in ohio with voters who packed the president in 2008 but aren't sold this time. it shows some think the president isn't to blame for the economy. they also don't know much good about romney thanks to the negative ads romney's campaign has been outspent two to one in swing states. in the debate romney can talk to the voters, give specifics and contrast that with the president's record. for "cbs this morning," i'm jan crawford in denver. >>> both candidates are tryin
it will focus on the economy and domestic issues. jan crawford is in denver this morning. >> reporter: both romney and the president have no more big campaign events before tomorrow night's debate. last night romney had a rally before more than 5,000 people. he picked up the endorsement of broncos legend john elway. there are less than 10% of voters who say they're undecided, they could change their mind. romney's challenge is to show why his proposals will make their life better and why...
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Sep 28, 2012
09/12
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. >> it is time for a new economic patriotism, one rooted in the belief that growing our economy begins with a strong middle class. >> reporter: mr. obama's idea includes tax hikes on the wealthy and more government spending on infrastructure. he is making it the new center piece of a tv ad for the closing argument. >> if i could sit down with you at the table or in the living room, here is what i would say. >> reporter: mitt romney focused on the deep ties to the military, warning that devastating job losses are coming if congress and the president went through with potential defense cuts. >> the impact will be immediate and significant right here in virginia. 136,000 jobs will be lost in virginia as a result of this move. >> reporter: this new feeling reflects the idea that many have voted. in 2008, nearly a third of all voters cast ballots before election day this year the number could grow to 40%, but in some of the key swing states the number could even be higher, more than half of all voters in colorado, florida, nevada and north carolina cast their ballots early four years ago. v
. >> it is time for a new economic patriotism, one rooted in the belief that growing our economy begins with a strong middle class. >> reporter: mr. obama's idea includes tax hikes on the wealthy and more government spending on infrastructure. he is making it the new center piece of a tv ad for the closing argument. >> if i could sit down with you at the table or in the living room, here is what i would say. >> reporter: mitt romney focused on the deep ties to the...
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Sep 29, 2012
09/12
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KPIX
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it really wasn't -- the assumption was if you helped them you would be helping the broader economy. it didn't work out that way. granted, in late 2008 we were dealing with a lot of unknown, a lot of uncertainty, a lot of lack of information. in 2009 we continued very pro large financial institution bailout policies instead of imposing pain and accountability at that point. and tacking on mortgages nuclear weapon say pain and accountability. what do you mean by that? >> more people should have lost their jobs. more banks should have been required, the sickest ones should have been restructured this period should have been asked to get their bad assets off their books and sell them into some type of facility that we propose to publicly announce and it was never implemented to get the mortgages especially off their balance sheets and restructured. really the mortgages are at the heart of the problem and we never really effectively tackled those mortgages and our economic recovery continues to suffer from a bloated financial sector and very morbid housing market. new say you butted head
it really wasn't -- the assumption was if you helped them you would be helping the broader economy. it didn't work out that way. granted, in late 2008 we were dealing with a lot of unknown, a lot of uncertainty, a lot of lack of information. in 2009 we continued very pro large financial institution bailout policies instead of imposing pain and accountability at that point. and tacking on mortgages nuclear weapon say pain and accountability. what do you mean by that? >> more people should...
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Oct 3, 2012
10/12
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WMAR
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there are several signs that the economy is improving this morning. u.s. auto sales were up again last month to their highest level in more than four years. part of that is buyers need to replace aging vehicles and feel more confident about their jobs. loans are cheaper and easier to obtain, as well. >>> and home prices were up more than 4.5% in august, compared to last year. that's the largest increase in more than six years. this latest report, plus one showing more home sales and builder confidence, indicates we are finally seeing a rebound in the housing market. >>> but another indicator shows that we're not that confident about the economy. the birthrate fell for the fourth year in a row, down 1% from the year before. the good news is that it didn't fall as much as in recent years. just 4 million births were recorded last year. that's the lowest number since 1998. >>> then, we have this. the beer index. shipments are rising for the first time since the start of the recession. analysts say that's a sure sign that consumers, particularly young men, are
there are several signs that the economy is improving this morning. u.s. auto sales were up again last month to their highest level in more than four years. part of that is buyers need to replace aging vehicles and feel more confident about their jobs. loans are cheaper and easier to obtain, as well. >>> and home prices were up more than 4.5% in august, compared to last year. that's the largest increase in more than six years. this latest report, plus one showing more home sales and...
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Sep 27, 2012
09/12
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they're behind on the economy, which was supposed to be president obama's weakness. so i think they're really in trouble in virginia. we've seen a slip on the part of the romney campaign since the convention, so whatever that convention bounces, it turned into a convention slide in virginia. we have a series of polls out now that show the gap widening between obama and romney. i think the romney campaign needs to find an opening, a gap to shoot in virginia on that issue. they need to press that gap. >> it's interesting you say that the spokesperson for the rnc in saz said obviously in 2008 we got our clock cleaned here and got caught flat foolted. we're just casting a real wide net in virginia. what do you make of that statement, professor? >> well, it may be a wide net, but it's not capturing anything. in the latest swing state poll, they're behind on every issue. i mean, the number one issue that the romney campaign was going to press against obama they're behind on, the economy. they're behind on national security. they're behind on dealing with the international
they're behind on the economy, which was supposed to be president obama's weakness. so i think they're really in trouble in virginia. we've seen a slip on the part of the romney campaign since the convention, so whatever that convention bounces, it turned into a convention slide in virginia. we have a series of polls out now that show the gap widening between obama and romney. i think the romney campaign needs to find an opening, a gap to shoot in virginia on that issue. they need to press that...
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Oct 1, 2012
10/12
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is it strictly the economy? >> yeah, thomas. it's the economy. here in nevada i think we have arguably the worst economy if the nation. highest unemployment up over 12%. we have the housing crisis you mentioned. president obama has been able to come to this state and talk about housing a little bit. he went to reno a few months back. talked about how one of his programs is helping a couple here. mitt romney has helped president obama by making some unfortunate comments about letting the foreclosure crisis, letting the market hit bottom. but you mentioned the briefing booklet buying comments that woodward reported made on early in the administration when he decided not to take an aggressive stance against housing problem. the housing problem here in nevada is why the economy -- it's stalling the economy in any comeback here. >> nbc wall street journal poll shows nevada's vote irs are undecided. but here's the president talking about this debate this weekend while in nevada. take a look. >> you may have heard that in a few days my opponent in this
is it strictly the economy? >> yeah, thomas. it's the economy. here in nevada i think we have arguably the worst economy if the nation. highest unemployment up over 12%. we have the housing crisis you mentioned. president obama has been able to come to this state and talk about housing a little bit. he went to reno a few months back. talked about how one of his programs is helping a couple here. mitt romney has helped president obama by making some unfortunate comments about letting the...
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Oct 3, 2012
10/12
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the economy, the whole system was on the verge of collapse. the stock market was down in the 6,000s. and obama made two decisions. one was to prop the thing up and keep it going in alliance with other countries around the world and literally saved the fortunes of a lot of these people. but he made a second decision. there were progressives who thought we should have asked more questions about how did we get into this mess in the first place and president obama didn't go there because his advisers were worried if you push the system too hard, it might collapse. and so here are folks whose fortunes were saved in significant part by the president's policies and they are complaining because he doesn't say thank you to them. it's very strange. >> these guys got exactly what they wanted and just won't admit it. let's play more sound from sam zell. >> we need leadership, not criticism. until that scenario changes, i think the united states is, quote, unquote, and i hate to use this word, in a malaise. >> what the hell is he talking about? he's being
the economy, the whole system was on the verge of collapse. the stock market was down in the 6,000s. and obama made two decisions. one was to prop the thing up and keep it going in alliance with other countries around the world and literally saved the fortunes of a lot of these people. but he made a second decision. there were progressives who thought we should have asked more questions about how did we get into this mess in the first place and president obama didn't go there because his...
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Sep 28, 2012
09/12
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if you're unhappy where the economy is, vote out obama. that's the better calculation. we're just finding out that's not enough, but the alternative is worse. >> the alternative is no real alternative because i don't know any republican that toed the far right line in the primaries would have got through the primaries. i looked at some of the positions mitt romney was forced to take. he had to say he would vote no on a 10-1 spending deal. he talked about self-deport addition as an immigration solution. he embraced the paul ryan budget calling it marvelous and medicare vouchers and personhood which is so extreme it failed on the ballot in mississippi, arguably the most pro-life state in the country. one that hurt him in ohio is his embrace of the anti-union ohio sb 5 ballot initiative, which sealed his image early on in ohio. even his call to repeal obama care is not particularly popular. given all that range of positions that he had to take in the primary and add to that being tarred with the brush of people like todd akin, chris co-back, and rush limbaugh and darrell i
if you're unhappy where the economy is, vote out obama. that's the better calculation. we're just finding out that's not enough, but the alternative is worse. >> the alternative is no real alternative because i don't know any republican that toed the far right line in the primaries would have got through the primaries. i looked at some of the positions mitt romney was forced to take. he had to say he would vote no on a 10-1 spending deal. he talked about self-deport addition as an...
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Oct 4, 2012
10/12
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MSNBC
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one of the things right now is that the economy is at a pretty uncertain stage. talk about the jobs numbers, there are really cross currents there and you can read the economy many ways. the opinion polls show that democrats and republicans have a very different perception about whether there's actually growth right now or not. and what we are going to see is a lot of the money targeted to campaigns that are trying to ferry out the weak spots in each other's arguments and target people to play on those fears. >> and the european economy could blow up in ways to have a huge ratification here. >> if in doubt, blame the europeans. >> jillian, well said. nick, great to have you. congressman israel, thank you so much for coming in. good to see all of you. while the debate focused on domestic issues, as we just mentioned, the situation in syria is getting worse. turkey launched a retaliatory launch against syria this morning, the second since a mortar attack yesterday that killed five people in the turkish border town. russia says syrian officials said the shelling was
one of the things right now is that the economy is at a pretty uncertain stage. talk about the jobs numbers, there are really cross currents there and you can read the economy many ways. the opinion polls show that democrats and republicans have a very different perception about whether there's actually growth right now or not. and what we are going to see is a lot of the money targeted to campaigns that are trying to ferry out the weak spots in each other's arguments and target people to play...
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Sep 29, 2012
09/12
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because the economy has crashed, forcing more people to rely on government programs like unemployment and food stamps. because the baby boomers started retiring, collecting social security and medicare. and maybe because barack obama is president. >> the question we asked today is not whether our government is too big or too small, but whether it works. >> reporter: from the start, mr. obama has clearly believed government is a positive force, that expansion is not bad and that it serves to control what many consider the excesses of the free market. >> and without the hand of policy, markets can crash. the vulnerable can be exploited. >> reporter: he frequently cautions against unwarranted growth, yet the economic stimulus and the auto bailout he has sounded like another democratic president, frankly roosevelt who in the great depression insisted government must protect economic rights. >> the right to adequate medical care and the opportunity to achieve and enjoy good health. >> reporter: flash forward four decades and here comes another president with a very different view. >> gover
because the economy has crashed, forcing more people to rely on government programs like unemployment and food stamps. because the baby boomers started retiring, collecting social security and medicare. and maybe because barack obama is president. >> the question we asked today is not whether our government is too big or too small, but whether it works. >> reporter: from the start, mr. obama has clearly believed government is a positive force, that expansion is not bad and that it...
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they've tried to hang onto the economy and foreign policy. they don't -- they're not able to hang onto anything except, of course, for this stereotype that he keeps reinforcing as the rich, out of touch guy. i think going into the debate, like that's his biggest hurdle is to not say anything else that really grounds that stereotype and grounds that image that the american people have for him. >> so no mention of the 47%? anna marie cog and jonathan capehart, thank you, both. >>> next, do the math, mr. ryan. please, just do the math. stay with us. >> lowering tax rates by broadening the tax base works, and you can -- >> but i have to -- >> let me -- >> you haven't given me the math. >> well, i don't have the time -- it would take me too lock to go through all of the math. that was me still taking insulin with a vial and syringe. me, explaining what i was doing at breakfast. and me discovering novolog mix 70/30 flexpen. flexpen is pre-filled with your pre-mix insulin. dial the exact dose. inject by pushing a button. no vials, syringes or cooler
they've tried to hang onto the economy and foreign policy. they don't -- they're not able to hang onto anything except, of course, for this stereotype that he keeps reinforcing as the rich, out of touch guy. i think going into the debate, like that's his biggest hurdle is to not say anything else that really grounds that stereotype and grounds that image that the american people have for him. >> so no mention of the 47%? anna marie cog and jonathan capehart, thank you, both. >>>...
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i'll call it the economy tax. it's been crushing. >> let's talk about taxes, because i think it's instructive. now, four years ago when i stood on this stage, i said that i would cut taxes for middle class families, and that's exactly what i did. we cut taxes for middle class families by about $3,600, and the reason is because i believe that we do best when the middle class is doing well. >> that was just a couple of highlights from last night's presidential debate. we're going to go more than just play soundbytes. we're going to replay the entire debate next hour of cnn newsroom, so you can judge for yourself just how the candidates performed. which candidate would do a better job of growing a sluggish economy? voters, they're looking for answers. last night's debate, did they actually even get them? we're going to bring in our cnn chief business correspondent alshi velshi. an incredible debate. ali, i want to start off with you first. >> yeah. >> one of the things that mitt romney was very consistent on, the mes
i'll call it the economy tax. it's been crushing. >> let's talk about taxes, because i think it's instructive. now, four years ago when i stood on this stage, i said that i would cut taxes for middle class families, and that's exactly what i did. we cut taxes for middle class families by about $3,600, and the reason is because i believe that we do best when the middle class is doing well. >> that was just a couple of highlights from last night's presidential debate. we're going to...
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of the economy. it's whaepg is mitt romney is having to play defense with his own voting group. the time he has to spend shoring them up is time he's not spending getting swing voters. >> pelley: john, polls that are taken about this point in september sometimes predict the winner and sometimes they don't. in 2008, we had obama over mccain at about this point, but in the year 2000, we had gore over bush about this point. how predict i.v. are these polls six weeks out. >> reporter: if we go all the way back to 1952, eisenhower's first election, the vast majority of the time the candidates who was ahead of the polls ended up winning in the end. presidents john kennedy, ronald reagan, and george w. bush were all tied or behind, scott, and they pulled it out in the end. >> pelley: as in politics, things can change pretty quickly in sports. the nfl and its referees seemed ready to dig in for a long fight over pay and pension but that was before the uproar over that terrible call in the monday night game.
of the economy. it's whaepg is mitt romney is having to play defense with his own voting group. the time he has to spend shoring them up is time he's not spending getting swing voters. >> pelley: john, polls that are taken about this point in september sometimes predict the winner and sometimes they don't. in 2008, we had obama over mccain at about this point, but in the year 2000, we had gore over bush about this point. how predict i.v. are these polls six weeks out. >> reporter:...
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if card check goes in place, it will kill america's entrepreneurial economy. the president is bowing to the demands of big labor. >> of all things he's bringing up card check, this red meat for the organization. to your point they're no dummy, but these people don't have to read. we live in a different world than even four years ago, cable news is a strong presence, 24 hour cycle, twitter a stronger presence around. his game plan seems to be behind the curve of what is now modern politics, anne. >> it's funny, i'm old enough to remember a time when candidates went into different places and talk about different issues thinking people wouldn't hear them in different parts of the country. i think he's trying to -- when he's talking about card check, that is a dog whistle to certain members of the republican party. a lot of average voters don't know what that is. it's a union issue. for people who care about the unions and care about the public sector unions we've talked so much about, that's a message he's sending specifically to them. he's trying to walk and che
if card check goes in place, it will kill america's entrepreneurial economy. the president is bowing to the demands of big labor. >> of all things he's bringing up card check, this red meat for the organization. to your point they're no dummy, but these people don't have to read. we live in a different world than even four years ago, cable news is a strong presence, 24 hour cycle, twitter a stronger presence around. his game plan seems to be behind the curve of what is now modern...
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what they should have been doing all along is running against president obama's record on the economy. that's what they should have down. the latest "washington post" poll shows for the first time, mitt romney is slightly better regarded on the question of who will do better leading the economy over the next four years than the president? that's through no good offices of mitt romney on his own. that's in spite of what mitt romney has done. >> howard, we have heard so much about the disgruntled folks within the romney/ryan camp. the way it's unfolding in the polls is not good. there's a report that says that romney is beginning to lose donors who were shifting their money to house and senate races. what's going on here? is this starting to take it its toll on the campaign? >> yes. in many ways what mitt romney's challenge is on wednesday night is to stop the bleeding within his own party and within his own camp. absolutely. behind the scenes, republicans are very worried. some are saying so publically. if mitt romney doesn't reassure them within the first half hour of the debate, they
what they should have been doing all along is running against president obama's record on the economy. that's what they should have down. the latest "washington post" poll shows for the first time, mitt romney is slightly better regarded on the question of who will do better leading the economy over the next four years than the president? that's through no good offices of mitt romney on his own. that's in spite of what mitt romney has done. >> howard, we have heard so much about...
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the economy needs manufacturing. machines, tools, people making stuff. companies have to invest in making things. infrastructure, construction, production. we need it now more than ever. chevron's putting more than $8 billion dollars back in the u.s. economy this year. in pipes, cement, steel, jobs, energy. we need to get the wheels turning. i'm proud of that. making real things... for real. ...that make a real difference. ♪ >>> as protests continue throughout the middle east the state department issued a warning today to u.s. citizens in egypt citing that the embassy has credible information suggesting terrorist interests in targeting u.s. missionaries in egypt. joining me now congressman keith ellison a vocal advocate for continued engagement in the region despite the protests. thank you so much for coming in. >> thank you. >> where do we stand now, a lot of criticism as to how the administration responded in the initial days first saying that this was simply protests in response to the video. now clearly terrorism, defense secretary panetta said tha
the economy needs manufacturing. machines, tools, people making stuff. companies have to invest in making things. infrastructure, construction, production. we need it now more than ever. chevron's putting more than $8 billion dollars back in the u.s. economy this year. in pipes, cement, steel, jobs, energy. we need to get the wheels turning. i'm proud of that. making real things... for real. ...that make a real difference. ♪ >>> as protests continue throughout the middle east the...
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do you think we should build the economy from the middle class out like the president does or the top down like mitt romney does? >> credit ben labolt, thanks for joining us today. >> thanks. >> we say good morning to our tuesday political power panel. leah henderson, ted devine, senior strategist for al gore and john kerry. eugene robinson wrote in "the washington post" the challenges facing mitt romney in this debate, but going specifically saying romney's task is more difficult. for the umpteenth time he has to introduce himself to the american people and erase all the impressions of the mitt romney we met earlier and reveal a coherent person, one voters can imagine as a leader. is this debate more romney against himself? critics paint him displaying this flaccid leadership. >> he has to present himself as a president who would represent all americans. he said that several times. he's practicing that debate line. here again, even when he engages with that comment, it reminds people of that 47% remark. you see him over the last couple of days. i think it was today there is an interv
do you think we should build the economy from the middle class out like the president does or the top down like mitt romney does? >> credit ben labolt, thanks for joining us today. >> thanks. >> we say good morning to our tuesday political power panel. leah henderson, ted devine, senior strategist for al gore and john kerry. eugene robinson wrote in "the washington post" the challenges facing mitt romney in this debate, but going specifically saying romney's task is...
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how is the economy doing? joined by alison kosik, new york stock exchange, to talk a little bit about this. alison, the candidates will be pressing each other on the whole issue of jobs. what does the picture look like for jobs? >> you know, with jobs, it is improving slowly, but the reality is it is just not great. we got another little sliver of information today from adp, it said private sector employment gained by 162,000 jobs in september, but this is just a clue of what to expect on friday from the government jobs report. that's really the biggie, the report that counts. it factors in the private sector jobs, it counts government jobs which actually have been shrinking and the expectation is that the economy added 110,000 jobs in september. and, you know, that would be just be okay, because the reality is we have got a long way to go. in early 2009, the economy lost over 800,000 jobs a month. this by the way is the year that president obama took office. compared to that, 110,000 on friday would be good.
how is the economy doing? joined by alison kosik, new york stock exchange, to talk a little bit about this. alison, the candidates will be pressing each other on the whole issue of jobs. what does the picture look like for jobs? >> you know, with jobs, it is improving slowly, but the reality is it is just not great. we got another little sliver of information today from adp, it said private sector employment gained by 162,000 jobs in september, but this is just a clue of what to expect on...
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what they should have been doing all along is running against president obama's record on the economy. that's what they should have down. the latest "washington post" poll shows for the tim fst mitly br ga quest bette l rn3n camp.done.wa, s noff the way it's unfolding in the polls is not good. there's a report that says that omney iseginning to lose mone going on here is this starting to take it its toll on the campaign? >> yes. in many ways what mitt romney's challenge is on wednesday night is to stop the bleeding within his own party and within his own camp. you're seeing already, a t who arelessedh their own pacs money ar goingn te democratsti republics have faint hopesf le are look at any place to protect themselves from what, at this minute, looks like a fairly comfortable win for president obama. that could change. it could still change. i have to stress. but there's nothing in the romney strategy so far that indicates they know how to turn it around. >> all right. howard fineman, thanks for your time tonight. good to have you here in denver. remember to answer tonight's questi
what they should have been doing all along is running against president obama's record on the economy. that's what they should have down. the latest "washington post" poll shows for the tim fst mitly br ga quest bette l rn3n camp.done.wa, s noff the way it's unfolding in the polls is not good. there's a report that says that omney iseginning to lose mone going on here is this starting to take it its toll on the campaign? >> yes. in many ways what mitt romney's challenge is on...
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too many americans are struggling to find work in today's economy. too many of those who are working are living paycheck to paycheck trying to make falling incomes meet rising prices for food and gas. more americans are living in poverty than when president obama took office and fifteen million more are on food stamps. president obama and i both care about poor and middle-class families. the difference is my policies will make things better for them. we shouldn't measure compassion by how many people are on welfare. we should measure compassion by how many people are able to get off welfare and get a good paying job. my plan will create twelve million new jobs over the next four years helping lift families out of poverty and strengthening the middle-class. i'm mitt romney and i approve this message because we can't afford another four years like the last four years. ♪
too many americans are struggling to find work in today's economy. too many of those who are working are living paycheck to paycheck trying to make falling incomes meet rising prices for food and gas. more americans are living in poverty than when president obama took office and fifteen million more are on food stamps. president obama and i both care about poor and middle-class families. the difference is my policies will make things better for them. we shouldn't measure compassion by how many...
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poll by "the washington post" and the kaiser family foundation shows that medicare trails only the economy as the top voting issue in the swing states of florida, ohio, and virginia. and among voters who say medicare is extremely important to their vote, obama swamps romney by, get this, 13 points. when voters in those states were asked a similar question, woman they trusted to deal with the medicare program, obama again trumps romney in all the polls. in ohio obama leads romney on medicare by 19. in florida, 15. in virginia, 13. other polls have shown president obama's advantage on medicare has grown significantly since ryan joined the ticket. so let's go back to this again, trying to figure this out. he bought into a guy who was known primarily for this voucher plan, getting rid of medicare as we know it. basically go to a doctor and the bills are paid by medicare. you can't beat a system like that, joy ann, i don't think on this planet earth and have something paid for when you go to do it. there's nothing like it. >> and -- >> why would anybody want to change it? nobody would want to c
poll by "the washington post" and the kaiser family foundation shows that medicare trails only the economy as the top voting issue in the swing states of florida, ohio, and virginia. and among voters who say medicare is extremely important to their vote, obama swamps romney by, get this, 13 points. when voters in those states were asked a similar question, woman they trusted to deal with the medicare program, obama again trumps romney in all the polls. in ohio obama leads romney on...